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Realty Income (O) earnings date & Q2 2026 results
The quarter in brief
Revenue grew 9.7% y/y to $1.55B, pre-tax margin 25.6% vs 15.8%, net income $344M (+74.7% y/y).
Key growth driver: Revenue growth of +10% y/y — the report gives no segment split, so the driver is the whole business. · by the Q2 2026 report
Net income available to common stockholders
$344M
up 74.7% y/y
Total revenue
$1,548M
up 9.7% y/y
Next report
not announced yet
All figures in $M.
| Line item | Amount and change |
|---|---|
| Total revenue | $1,548 · +9.7% |
| Depreciation and amortization | $645 · −0.5% |
| Interest | $312 · +10.0% |
| Property (including reimbursements) | $112 · +4.7% |
| General and administrative | $57.6 · +16.8% |
| Provisions for impairment of real estate | $54.2 · −61.9% |
| Credit losses, merger costs and FX/derivative loss (calculated) | $18.1 · +211% |
| Gain on sales of real estate | $38.3 · −0.8% |
| Other income and equity in earnings (calculated) | $9.5 · −10.9% |
| Income before income taxes | $396 · +77.7% · 25.6% margin |
| Income taxes | $25.8 · +7.2% · 6.5% effective rate |
| Net income attributable to noncontrolling interests | $26.6 · +1170% |
| Net income available to common stockholders | $344 · +74.7% · $0.37/sh · 22.2% margin |
Verdict: revenue grew 9.7% y/y to $1.55B, pre-tax margin 25.6% vs 15.8%, net income $344M (+74.7% y/y).
Net income per share $0.37 vs $0.22 a year earlier; AFFO per share up 3.8% to $1.09 and FFO per share $1.07 (non-GAAP, company definitions); invested $2.6 billion at an initial weighted average cash yield of 7.3%; 2026 AFFO per share guidance raised to $4.44 - $4.45; monthly dividends paid $0.8115 per share in the quarter.
Source and notation
Source: Realty Income earnings release and its exhibits, 8-K EX-99 of 08/05/2026 (SEC EDGAR). REIT layout: total revenues as reported; property expenses, depreciation, interest and other items lead to net income (a REIT pays little or no income tax). FFO is a non-GAAP measure: it appears only in the text, as defined by the company, never in the chart. The income statement lines were taken from the release by hand; the program found every figure in the release text and checked the accounting identities and the chart balance; revenue and net income match SEC XBRL.
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
- Net income nearly doubled mainly because provisions for impairment of real estate fell to $54.2M from $142.3M; revenue grew 9.7%.
- Interest and dividend income on loans and preferred equity investments more than doubled to $88.5M from $39.5M.
- Noncontrolling interests took $26.6M of net income vs $2.1M a year earlier.
- Achieved a rent recapture rate of 102.7% on properties re-leased; net debt to annualized pro forma adjusted EBITDAre was 5.4x.
- Pre-tax income was $396M, a 25.6% margin vs 15.8% a year earlier.
- The effective tax rate was 6.5% vs 10.8% a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
Who runs the company now
- Sumit RoyPresident, Chief Executive Officer [1]
- Jonathan PongExecutive Vice President, Chief Financial Officer and Treasurer [2]
As of 10/20/2026, per the company’s SEC filings: signatures on the latest report and leadership-change filings.
Positions: the company’s SEC filings. Spotted an error, or is this you and you’d like it corrected or removed? Contact us
How this is compiled
Who runs the company now comes from primary sources only: for US companies, the CEO and CFO signatures on the latest SEC report, and a separate board chair from the proxy statement (DEF 14A); for Russian and Kazakh issuers, the company website and its disclosures. We recheck weekly; if a name can’t be confirmed, or a leadership-change filing came out after the report, we don’t show it until it’s reviewed. History comes from proxy statements, disclosures, Wikipedia and Wikidata; years show when a term started and ended, “since” means the person is in office now. An outcome for a previous employer is shown only when the linked document states it.
Sources · 2
- SEC EDGAR: 10-Q 2026-08-06 · SEC EDGAR · 10/20/2026
- SEC EDGAR: 10-Q 2026-08-06 · SEC EDGAR · 10/20/2026
Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. · Text: Wikipedia, CC BY-SA 4.0, abridged
These properties are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.
Company guidance
Same quarter a year ago (ended September 30, 2025): revenue $1.47B, EPS (GAAP) $0.35
How we calculate
Year-ago figures are GAAP, from the company's SEC filings (XBRL); EPS is diluted.
O earnings history: past report dates
| Aug 5, 2026 Wed | 4:07 pmafter market close | Jun 30, 2026 | $1.5B+10% y/y | $0.37+68% y/y |
| May 6, 2026 Wed | 4:08 pmafter market close | Mar 31, 2026 | $1.5B+12% y/y | $0.33+18% y/y |
| Feb 24, 2026 Tue | 4:08 pmafter market close | Dec 31, 2025 | ≈$1.5B+11% y/y | ≈$0.32+39% y/y |
| Nov 3, 2025 Mon | 4:11 pmafter market close | Sep 30, 2025 | $1.5B+10% y/y | $0.35+17% y/y |
| Aug 6, 2025 Wed | 4:09 pmafter market close | Jun 30, 2025 | $1.4B+5% y/y | $0.22−24% y/y |
| May 5, 2025 Mon | 4:07 pmafter market close | Mar 31, 2025 | $1.4B+10% y/y | $0.28+75% y/y |
| Feb 24, 2025 Mon | 4:07 pmafter market close | Dec 31, 2024 | ≈$1.3B+25% y/y | ≈$0.23−23% y/y |
| Nov 4, 2024 Mon | 4:07 pmafter market close | Sep 30, 2024 | $1.3B+28% y/y | $0.30−9% y/y |
| Aug 5, 2024 Mon | 4:07 pmafter market close | Jun 30, 2024 | $1.3B+31% y/y | $0.29+0% y/y |
| May 6, 2024 Mon | 4:09 pmafter market close | Mar 31, 2024 | $1.3B+33% y/y | $0.16−53% y/y |
| Feb 20, 2024 Tue | 4:18 pmafter market close | Dec 31, 2023 | ≈$1.1B+21% y/y | ≈$0.30−17% y/y |
| Nov 6, 2023 Mon | 4:08 pmafter market close | Sep 30, 2023 | $1.0B+24% y/y | $0.33−8% y/y |
| Aug 2, 2023 Wed | 4:06 pmafter market close | Jun 30, 2023 | $1.0B+26% y/y | $0.29−22% y/y |
| May 3, 2023 Wed | 4:09 pmafter market close | Mar 31, 2023 | $944M+17% y/y | $0.34+0% y/y |
| Feb 21, 2023 Tue | 4:11 pmafter market close | Dec 31, 2022 | ≈$889M+30% y/y | ≈$0.36 |
| Nov 2, 2022 Wed | 4:13 pmafter market close | Sep 30, 2022 | $837M+71% y/y | $0.36+6% y/y |
| Aug 3, 2022 Wed | 4:09 pmafter market close | Jun 30, 2022 | $810M+75% y/y | $0.37+12% y/y |
| May 4, 2022 Wed | 5:01 pmafter market close | Mar 31, 2022 | $807M+83% y/y | $0.34+31% y/y |
| Feb 22, 2022 Tue | 4:12 pmafter market close | Dec 31, 2021 | ≈$685M+64% y/y | ≈−$0.07 |
| Nov 1, 2021 Mon | 4:06 pmafter market close | Sep 30, 2021 | $490M+21% y/y | $0.34+386% y/y |
| Aug 2, 2021 Mon | 4:23 pmafter market close | Jun 30, 2021 | $463M+12% y/y | $0.33+6% y/y |
| May 3, 2021 Mon | 4:06 pmafter market close | Mar 31, 2021 | $442M+7% y/y | $0.26−41% y/y |
| Jan 11, 2021 Mon | 4:13 pmafter market close | Dec 31, 2020 | $418M+5% y/y | $0.33−18% y/y |
| Nov 2, 2020 Mon | 4:09 pmafter market close | Sep 30, 2020 | $405M+8% y/y | $0.07−78% y/y |
| Aug 3, 2020 Mon | 4:08 pmafter market close | Jun 30, 2020 | $415M+13% y/y | $0.31+0% y/y |
| May 4, 2020 Mon | 4:19 pmafter market close | Mar 31, 2020 | $414M+17% y/y | $0.44+19% y/y |
| Feb 19, 2020 Wed | 4:09 pmafter market close | Dec 31, 2019 | ≈$398M+16% y/y | ≈$0.40+38% y/y |
| Nov 4, 2019 Mon | 4:11 pmafter market close | Sep 30, 2019 | $374M+11% y/y | $0.32−6% y/y |
| Aug 5, 2019 Mon | 4:06 pmafter market close | Jun 30, 2019 | $365M+11% y/y | $0.31−9% y/y |
| May 1, 2019 Wed | 4:30 pmafter market close | Mar 31, 2019 | $354M+11% y/y | $0.37+28% y/y |
| Feb 20, 2019 Wed | 4:46 pmafter market close | Dec 31, 2018 | ≈$343M+10% y/y | ≈$0.29+38% y/y |
| Oct 31, 2018 Wed | 4:32 pmafter market close | Sep 30, 2018 | $338M+10% y/y | $0.34+6% y/y |
| Aug 1, 2018 Wed | 5:00 pmafter market close | Jun 30, 2018 | $329M+10% y/y | $0.34+13% y/y |
| May 8, 2018 Tue | 5:03 pmafter market close | Mar 31, 2018 | $318M+7% y/y | $0.29+7% y/y |
| Feb 21, 2018 Wed | 4:30 pmafter market close | Dec 31, 2017 | ≈$311M+8% y/y | ≈$0.21−36% y/y |
| Oct 25, 2017 Wed | 4:40 pmafter market close | Sep 30, 2017 | $307M+11% y/y | $0.32+19% y/y |
| Jul 26, 2017 Wed | 4:29 pmafter market close | Jun 30, 2017 | $300M+11% y/y | $0.30+11% y/y |
| Apr 25, 2017 Tue | 4:30 pmafter market close | Mar 31, 2017 | $298M+12% y/y | $0.27+8% y/y |
| Feb 22, 2017 Wed | 5:18 pmafter market close | Dec 31, 2016 | ≈$288M+9% y/y | ≈$0.33+6% y/y |
| Oct 26, 2016 Wed | 4:35 pmafter market close | Sep 30, 2016 | $277M+7% y/y | $0.27+4% y/y |
| Jul 27, 2016 Wed | 4:27 pmafter market close | Jun 30, 2016 | $271M+7% y/y | $0.27+8% y/y |
| Apr 26, 2016 Tue | 4:22 pmafter market close | Mar 31, 2016 | $267M+8% y/y | $0.25−7% y/y |
| Feb 10, 2016 Wed | 4:25 pmafter market close | Dec 31, 2015 | ≈$264M+7% y/y | ≈$0.31−3% y/y |
| Oct 28, 2015 Wed | 4:31 pmafter market close | Sep 30, 2015 | $259M+10% y/y | $0.26+0% y/y |
| Jul 29, 2015 Wed | 4:17 pmafter market close | Jun 30, 2015 | $254M+11% y/y | $0.25+9% y/y |
| Apr 29, 2015 Wed | 4:18 pmafter market close | Mar 31, 2015 | $247M+11% y/y | $0.27+17% y/y |
| Feb 17, 2015 Tue | 4:23 pmafter market close | Dec 31, 2014 | ≈$248M+15% y/y | ≈$0.32+23% y/y |
| Oct 29, 2014 Wed | 5:51 pmafter market close | Sep 30, 2014 | $236M+17% y/y | $0.26+24% y/y |
| Jul 24, 2014 Thu | 11:31 amduring market hours | Jun 30, 2014 | $229M+23% y/y | $0.23+0% y/y |
| May 1, 2014 Thu | 11:28 amduring market hours | Mar 31, 2014 | $222M+26% y/y | $0.23−36% y/y |
| Feb 13, 2014 Thu | 11:43 amduring market hours | Dec 31, 2013 | ≈$216M+50% y/y | ≈$0.26+24% y/y |
| Oct 31, 2013 Thu | 11:26 amduring market hours | Sep 30, 2013 | $202M+72% y/y | $0.21+5% y/y |
| Jul 25, 2013 Thu | 12:33 pmduring market hours | Jun 30, 2013 | $186M+65% y/y | $0.23−8% y/y |
| Apr 25, 2013 Thu | 12:59 pmduring market hours | Mar 31, 2013 | $176M+56% y/y | $0.36+80% y/y |
| Feb 14, 2013 Thu | 12:41 pmduring market hours | Dec 31, 2012 | ≈$144M+32% y/y | ≈$0.21−19% y/y |
| Oct 25, 2012 Thu | 11:13 amduring market hours | Sep 30, 2012 | $117M+10% y/y | $0.20−26% y/y |
| Jul 26, 2012 Thu | 11:05 amduring market hours | Jun 30, 2012 | $113M+11% y/y | $0.25−4% y/y |
| Apr 26, 2012 Thu | 10:58 amduring market hours | Mar 31, 2012 | $112M+15% y/y | $0.20−20% y/y |
| Feb 9, 2012 Thu | 11:43 amduring market hours | Dec 31, 2011 | ≈$109M | ≈$0.26 |
| Oct 27, 2011 Thu | 11:07 amduring market hours | Sep 30, 2011 | $106M | $0.27 |
| Jul 28, 2011 Thu | 10:57 amduring market hours | Jun 30, 2011 | $102M | $0.26 |
| Apr 28, 2011 Thu | 10:59 amduring market hours | Mar 31, 2011 | $97M | $0.25 |
Show all 62 reports since 2011Show fewer
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Companies that file the 8-K late in the evening publish the release the next morning: the date is that morning, before market open, and the evening filing time is not shown. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Realty Income: 15-year financials
| 2025 | 5,749 | 1,059 | 2,921 |
| 2024 | 5,271 | 861 | 2,692 |
| 2023 | 4,079 | 872 | 2,112 |
| 2022 | 3,344 | 869 | 1,813 |
| 2021 | 2,081 | 360 | 1,169 |
| 2020 | 1,647 | 396 | 964 |
| 2019 | 1,488 | 437 | 852 |
| 2018 | 1,328 | 364 | 762 |
| 2017 | 1,216 | 319 | 689 |
| 2016 | 1,103 | 316 | 611 |
| 2015 | 1,023 | 284 | 533 |
| 2014 | 934 | 271 | 479 |
| 2013 | 780 | 246 | 409 |
| 2012 | 485 | 159 | 236 |
| 2011 | 412 | 157 | 219 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP)*.
How we calculate
Figures are annual report lines; if a year was later restated (discontinued operations, mergers), we use the latest filing that shows it. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing. The table starts in 2011; where the listed issuer changed (holding reorganization, redomicile), earlier years come from the predecessor’s filings.
Shareholders’ equity at Jun 30, 2026: $39.6B (52% of total assets). Compare with other S&P 500 companies →
Included in screener lists: S&P 500 companies with revenue growth 10 years in a row · S&P 500 companies that paid dividends 10 years without a gap
Realty Income (O) earnings: FAQ
When is O's next earnings date?
We have not yet seen an announcement of the date from Realty Income (O). Based on last year's report on Nov 3, 2025, the next report is expected around Nov 2, 2026.
What time does O report earnings?
Realty Income usually reports after market close: its latest results release was filed with the SEC at 4:07 pm ET on Aug 5, 2026.
When did O last report earnings?
Realty Income reported Q2 2026 results on Aug 5, 2026.
Where can I find Realty Income's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to O's filings; this page breaks the latest report down in a Sankey chart.
What was O's net income in Q2 2026?
Realty Income reported net income of $344M for Q2 2026 (+74.7% year over year), under US GAAP.
Does Realty Income pay dividends?
Yes. In 2025, Realty Income paid $2,921M in dividends on its common stock, per its 10-K. Earlier years are in the 15-year table above.
How has Realty Income's revenue changed since 2011?
Per its 10-K filings, revenue grew 13.9x: $412M in 2011 and $5,749M in 2025. The latest year is the highest in the table. Year-by-year figures are in the table above.
New to earnings reports? Start with how to read an earnings report.
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